Sundance Energy Corp. (TSXV: SNY) has drilled, logged and cased a test well at 16-11-56-27-W4M on its 27 contiguous section Alexander property.
The Alexander property is located just northeast of the city of Edmonton, Alberta, and immediately adjacent to a Detrital Sand and Alexander Sand light oilfield that is undergoing continued development by another operator.
According to the release, 33% of the costs to drill, complete and equip the 16A-11 test well were paid by various participants in order to earn a 21% working interest in the well and the ...